Replies to post #36705 on Intelligent Highway Solutions Inc (fka IHSI)

[stemcell]

forget VNDM just read latest 10-Q and do the math

While your here what’s your thoughts on VNDM being gone? Dilution over? Sure looks like it.

simple artihmetic will tell you exactly how close to dilution being over...looks like only 17 billion more to go if you omit the 9B in stock options and warrants

Shares Out
10,898,713,898
02/15/2018

There were 8,585,083,257 and 2,915,701,670 common shares issued and 8,585,033,257 and 2,915,651,670 outstanding at September 30, 2017 and December 31, 2016, respectively.

The Company has 8,585,033,257 common shares outstanding, a total of 28,859,390,077 common share equivalents as discussed in Note 4 – Significant Accounting Policies and 448,570 exercisable options and warrants as discussed in Note 12 – Stock Options for a total of 37,444,871,904 shares of common stock and common stock equivalents as of September 30, 2017. With 10,000,000,000 shares authorized, there are insufficient common shares in treasury to meet all of the Company’s common share equivalents obligations. 28,769,390,077 of the common share equivalents arise from outstanding convertible notes payable as discussed in Note 4 – Significant Accounting Policies and Note 8 – Convertible Notes Payable and as such have been recognized as a debt obligation in conjunction with the underlying derivative liabilities as discussed in Note 5 – Derivative Liabilities . The Company plans to remediate this shortfall either through a reverse stock split or an increased in the authorized common stock of the Company.